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Mobile County : Real Estate Advice

  • All9
  • Local Info0
  • Home Buying6
  • Home Selling1
  • Market Conditions1

Activity 208
Thu Oct 4, 2012
answered:
No, that was only 6 months ago. FHA requires that at least 36 months must have elapsed from the Foreclosure Date.
0 votes 2 answers Share Flag
Mon May 27, 2013
Peter Mohylsky answered:
You would have to satisfy the requirements of your local lender. There generally is no problem with non residents. Find a good local lender and get pre approved.
0 votes 4 answers Share Flag
Sun Aug 2, 2015
Charlie Plyler answered:
If you qualify for a VA loan, you most likely would not need a down payment. There are a couple lenders in Mobile that do a good job with VA loans. Please feel free to contact me at 251-402-1193 and I will be glad to pass along the information. ... more
0 votes 17 answers Share Flag
Sat Sep 15, 2012
answered:
Hi Paula,
A lot will just depend on how the appraiser comments on the repair in the appraisal report. Anytime you have a hole like that, an apprasier may call for a professional inspection to make sure there are no active issues. Addressing it upfront would elimate that potential issue.

I would suggest having the ceiling repair made part of the offer so it is done prior to the closing. If it is made prior to the appraiser going out, that will save you the cost of a final inspection if the appraiser does require it. VA guidelines do not allow for the buyer to make any required repairs. VA considers the reapirs to be the seller's responsibility.

If you would like to get Pre-Qualified, you can submit your request online at www.rodneymason.com.

Regards,
Rodney Mason, NMLS #151088
Sr Loan Officer
Prospect Mortgage
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
rodney.mason@prospectmtg.com
Apply Online at http://www.rodneymason.com
Licensed in Alabama & Georgia

Prospect Mortgage offers a full selection of mortgage programs including:
Conventional | FHA | FHA 580-639 FICO | FHA 203K Renovation (Streamline & Consultant) | HomePath® | HomePath® Renovation | HomeStyle® Renovation | VA | USDA | GA Dream | Jumbo Financing
... more
0 votes 1 answer Share Flag
Tue Jul 28, 2015
Jeffery Culp answered:
Yes of course, But always check with your local board of Realtor's If you have any questions about what a local agent may or may not do.
0 votes 7 answers Share Flag
Tue Sep 4, 2012
Phil Rotondo answered:
At best, you could ask your agent to see if back-up contracts are permitted. If so, proceed.
0 votes 2 answers Share Flag
Tue Sep 4, 2012
Josh Barnett answered:
Call a local lender and go over financing options possiable after coming out of a bankruptcy.

If the lender states your can sale and buy, even w/ the bankruptcy on your credit report. Call three local realtors and pick the one you feel most comfortable "Listing" with.

Hope this helps,

Josh Barnett, Realtor
... more
0 votes 2 answers Share Flag
Thu Oct 4, 2012
Peter Mohylsky answered:
Generally the buyer, but you need to check with a local title company. they offer free qualified advice.
0 votes 1 answer Share Flag
Wed Sep 26, 2012
Synergy Realty Group at Keller Williams answered:
I would ask why he needs a co -signer and if you have checked with a reputable mortgage company to be sure he needs a co -signer?
0 votes 3 answers Share Flag
Mon Aug 6, 2012
answered:
Good morning Lacey7745,

Rent To Own is a better deal for the Seller than it would ever be for a potential Buyer.

The basic concept is finding a way to "force" savings towards a down payment by including a portion of the monthly rental that goes towards that savings. You pay your rent every month and your Landlord deducts a pre-determined amount to hold in a special bank account, called an "escrow" account. Your Landlord holds that money until you have saved up enough---through this "forced-savings" method---to meet a down payment to purchase the home.

The terms of the purchase price, including the down payment amount, and the amount to be set aside from the rental for down payment, are all set down at the time of lease signing.

It's all about helping the renter/tenant save up enough money for a down payment to buy a home (in this case, the one you're renting). But this is a better deal for the Seller because he gets to lock in a purchase price and a buyer today for a future sale.


Saving money for a down payment? Well, heck, you can do that on your own.


If you are dedicated to the idea of buying your own home, you can create your own savings plan to save up enough money for a down payment. And when you have saved up enough for a down payment, if that takes a year or two or more, YOU get to decide on the price you're willing to pay for the house at that time based on current market conditions. You won't be locked in to a price that may be a lot higher than what the house is worth in the future.

With Rent To Own you'll be locked in both to the house and to the price, even if it takes you 3 years to save enough through the forced savings of the rent payments. What happens if three years from now your life situation has changed? Maybe you need a bigger/smaller home. Maybe your employment has relocated. Maybe your credit or income is insufficient to qualify for a mortgage loan.


Find a way to save up on your own; not with Rent To Own.


Sit down with a local Mortgage Banker and get yourself prequalified, too. You may find you're better qualified than you think you are, and, if you're not, at least you'll know how much loan your income and credit qualify you for, and how much you have to save towards down payment and closing costs.

Trevor Curran
NMLS #40140
... more
0 votes 4 answers Share Flag
Mon Nov 5, 2012
Fred Yancy answered:
Sales prices are public record with the tax accessors office. If you have the address, you will be able to find the price at which the property sold.
0 votes 8 answers Share Flag
Fri Jul 19, 2013
Missy Hayes answered:
I'd love to help you. Please contact me through my profile.
0 votes 1 answer Share Flag
Wed Sep 26, 2012
Rev Mrs Kate Brain answered:
Hello,

I am Rev Mrs Kate Brain, i live in florida, United State, when we are building our church Auditorium, we ran out of cash and we are realy in need of getting $150,000 after we where being scammed by some fake idiots that called themself money lender not unit i met this God send International Lender who offer me a loan without credit check, no collateral, no cosigner with just 3% interest rate so i will advise you to contact them whosoever that need a loan. he is 100% fully guarantee. just contact them now via email: microinvestmentloanfinance@live.com

Good Luck,
Rev Mrs Kate Brain
... more
0 votes 1 answer Share Flag
Mon Jul 16, 2012
Darrell D. Drouillard answered:
When you find a listing here on Trulia, there are 4 tabs on the top. Click the "Map & Nearby" tab. When the map is displayed, the upper right hand corner has 4 different views to select. Click "Street" to select street view.


Darrell D. Drouillard
Home Team of America
16719 Huebner Rd., Bldg 4
San Antonio, Texas 78248
210-373-6160
210-881-6760 (Fax)

www.dddrealtor.com

'Serving all Your Real Estate Needs'
... more
0 votes 3 answers Share Flag
Tue Jul 3, 2012
Shanna Rogers answered:
Hi kw,

Your purchase contract (offer) should have an expiration date on it. In CA, it is usually 3 days from date of offer - unless stated otherwise.

Shanna Rogers
SR Realty
www.RealtyBySR.com ... more
0 votes 5 answers Share Flag
Thu Oct 4, 2012
Peter Mohylsky answered:
According to the US Census Bureau Approx 75.4 million people in the United States own homes. This number might be low considering that some homes are titled in both names of the families. Were are you going with this question? ... more
0 votes 1 answer Share Flag
Fri Sep 28, 2012
Barbara Stanton answered:
There are several really nice apartment complexes around my office on Grelot Rd. Let me know if I can be of help. I have helped several graduates find just the right place where they feel comfortable!
Barbara Stanton
251-454-4047
Roberts Brothers Inc.
... more
0 votes 4 answers Share Flag
Thu Oct 8, 2015
KHALED-BHB answered:
You need SSN to buy a house in USA , and under your current status (B2), you are not eligible for the SSN.

Good Luck
0 votes 3 answers Share Flag
Mon May 7, 2012
Patrice Smith answered:
YES, properties are selling! Please contact me so I can find out what your specific needs are and how I may be able to help!
251-379-7192
Patrice Smith
EXIT Allstar Realty
0 votes 2 answers Share Flag
Sun Apr 29, 2012
Janis Talbott answered:
As a Real Estate Agent who lives in Chickasaw I agree the taxes are high. But, the house was worth much more and then the bottom fell out of the market. It is now corporate owned and has been a rental which would not let the property be eligible for homesteading credit.

Janis Talbott, Realtor
Roberts Brothers Saraland
janistalbott@robertsbrothers.com
251-675-8893 Office
251-382-3917 Cell
... more
0 votes 1 answer Share Flag
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